Investors mull housing reports, consumer sentiment and Trump reform
WEEKLY MARKET COMMENTARY |
Investors continue to adjust to the unique governance of U.S. President Donald J. Trump and his impact on business and investor confidence ahead of what appears to be a year of major change.
Investors will observe 78 Q4 2016 corporate earnings releases, which will feature corporate bellwethers such as Johnson and Johnson, Boeing, Caterpillar, AT&T and Dow Chemicals. In the U.S. economy, investors will get a chance to look at fresh data on housing for 2016, the first estimate of growth for the final three months of last year, bookings for durable goods and the final print of the University of Michigan’s estimate on consumer sentiment for January. The U.S. Treasury will issue $15 billion in two-year floating rate notes, $34 billion in five-year notes and $28 billion in seven-year notes this week.